Acting Managing Director of the Refinery, Charl Van Der Merwe, advises In Focus that this Gauteng-based post production company is in good shape and trading well.

"Management is, however, currently in discussion with the owners of the Refinery to determine the best way forward and we have several options open to us," he adds.

This in response to rumours regarding caution when dealing with the Refinery due to the liquidation of Music For Pleasure (Pty) Ltd a short while back.

"There are various issues holding up an announcement," comments van der Merwe, "legal issues and corporate governance, but I am sure we will be making an announcement shortly."